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Strange Company is expected to pay a dividend of $5 one year from now. After that, its dividends are expected to decline at the rate

Strange Company is expected to pay a dividend of $5 one year from now. After that, its dividends are expected to decline at the rate of 1% per year. The risk-free rate is 3% and the expected market risk premium is 7%. Strange Company's stock has a beta of -0.125. The intrinsic value of the stock today is ______.

A) $444.44.

B) $160.00.

C) $102.56.

D) $84.75.

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